$RSR Short Liquidation: $9.9067K Cleared at $0.01717!
Reserve Rights (RSR) just turned heads in the market as $9.9067K worth of short positions were liquidated at $0.01717. This unexpected move is sparking fresh excitement among traders eyeing the next big breakout!
Key Insights:
Momentum Shift: The liquidation suggests bullish pressure building, as RSR fights to reclaim higher levels.
Testing Resistance: The $0.01717 mark could be the launchpad for RSR to test its next key zone at $0.018.
Why This Matters:
Market Sentiment: A wave of short liquidations often leads to heightened optimism and increased buying interest.
Price Action Alert: A sustained move above $0.01750 could indicate the start of a bullish trend reversal.
Will RSRโs bulls capitalize on this momentum and break higher, or will bears strike back? Drop your predictions below and stay tuned for the action ahead!